Energy Charter Treaty: A critical Russian perspective
Article from: OGEL 1 (2005), in The Energy Charter Treaty
Summary
As it follows from the careful studies of the Energy Charter Treaty carried out by numerous experts, some of its provisions contained in Article 7 "Transit" are somewhat contradictory and can be interpreted in different ways. These are mainly the clauses which deal with the national treatment of the Energy Materials and Products in Transit as well as the conciliation procedures. Keeping in mind economic risks for Russian gas exports originating from this ambiguity, the Russian State Duma ruled that the ECT ratification should be linked to the success of the Transit ...